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Ramco Systems gains on joining hands with KPMG

04 Dec 2018

Ramco Systems is currently trading at Rs. 298.50, up by 2.45 points or 0.83% from its previous closing of Rs. 296.05 on the BSE.

The scrip opened at Rs. 299.95 and has touched a high and low of Rs. 309.10 and Rs. 298.10 respectively. So far 1190 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.90 on 11-Jan-2018 and a 52 week low of Rs. 279.90 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 311.00 and Rs. 294.40 respectively. The current market cap of the company is Rs. 909.67 crore.

The promoters holding in the company stood at 54.64%, while Institutions and Non-Institutions held 23.20% and 22.17% respectively.

Ramco Systems (Ramco) and KPMG Management & Risk Consulting Sdn Bhd (KPMG) will collaborate to use Kuala Lumpur as a springboard to offer advanced cloud-based human resources (HR) and payroll solutions for growth companies across the region.

KPMG will use Ramco’s HR and Global Payroll Platform as the cloud-based architecture to roll out its Business Platform as a Service (BPaaS). This would include Core HR, Payroll, Travel, Expenses, and Time & Attendance Management, coupled with features like Voice, Chatbots and Mobility.

Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.

Related Ramco Systems Ltd. Links:

Ramco Systems Share Price

497.00 10.20 (2.10%) Sep 23, 16:31
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323